Get started
kalyanganguly

SBIN - Hammer at support with low RSI

Long
STATE BK OF INDIA (NSE:SBIN)  
kalyanganguly  
NSE:SBIN   STATE BK OF INDIA
Trend Analysis Chart Patterns Technical Indicators sbin sbinlong sbinbuy sbinanalysis sbinforecast sbinview sbintrend sbinltd sbin-chart
3
4
trendanalysis chartpattern indicator sbin sbinlong sbinbuy sbinanalysis sbinforecast sbinview sbintrend sbinltd sbin-chart
Note: This is for educational purpose only.

There seems to be a hammer candlestick pattern formation which is formed at the previous support levels. This hammer is apparently seen to be forming at the lower band of Bollinger band as well. RSI has bounced from oversold zone.

Entry Price: ₹183
SL Price: ₹171
Target: ₹195 - ₹210
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.